PAX 0.00% 1.2¢ panax geothermal limited

the news - will it move the price?, page-48

  1. 2,854 Posts.
    Graham
    That may well be correct regarding the energy company, but what about the huge amount of stock issued to ordinary shareholders.
    Surely you cant tell me they wont want a short term profit.I know i would and will off these shares, that if by then we still have a buyer at .002.
    Clutching at straws here i am afraid, i agree with other posters, they are once again asking for cash with a huge dilution, with little to no detail at all about the "imminent".
    cheer
 
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